FLOWERS FOODS, INC. REPORTS THIRD QUARTER 2026 RESULTS

Ryals McMullian, Chairman and CEO of Flowers Foods

“Our third-quarter results reflect a continued challenging operating environment, driven by pressure on household budgets, evolving consumer behavior and heightened promotional activity, as well as areas where we need to move faster with focused execution,”

Ryals McMullian, Chairman and CEO of Flowers Foods

“Following the second quarter, we expected our earlier pricing actions and the relaunch of Nature's Own with fewer, simpler ingredients to help stabilize performance as we worked to introduce new innovation to market. We are seeing encouraging signs for Nature's Own, including improving sequential trends and growing awareness of the relaunch, although the pace of improvement has been slower than anticipated, primarily in loaf, where category trends remain challenging. We are accelerating actions already underway to strengthen customer execution, close innovation gaps, and better align our portfolio with evolving consumer preferences.”

Ryals McMullian, Chairman and CEO of Flowers Foods

“While it will take time for our initiatives to translate more fully into results, we believe they are putting Flowers on a stronger path forward. We expect the environment to remain challenging in the near term, but we remain confident in the long-term potential of the business. We participate in large, attractive markets across fresh packaged bread, cake, better-for-you snacking, and foodservice, and our leading brands, extensive network, and deep customer relationships provide a strong foundation to drive improved performance and long-term growth. Given our third-quarter performance and current conditions, we are adjusting our 2026 guidance.”